How multi-marque lease fleets can gain instant real-time control of their operations. By David Savage, chief revenue officer at Lightfoot. We often talk about the financial savings that
How multi-marque lease fleets can gain instant real-time control of their operations. By David Savage, chief revenue officer at Lightfoot.
We often talk about the financial savings that adopting technology such as Lightfoot can bring to a company. But, beyond that, there’s another key aspect of the offering – transparency.
The huge amount of data that Lightfoot’s in-cab devices relay to fleet managers and their leasing partners – such as location, routes, speed, accelerator use, idling, braking and cornering force – also offers an instant overview of a fleet. What follows is detailed real-time status updates and mileage.
On average, Lightfoot delivers 24% reductions in engine idling and 15% fuel savings, helping vehicles to operate more efficiently across mixed-make fleets. It also offers access to a consistent data set for all makes and models of cars and vans, solving the issue that multi-marque fleets encounter where data is delivered in a myriad of different formats depending on the make of vehicle. Consolidating all of this data into one dashboard gives managers total control of a fleet in real-time.
Lightfoot can deliver granular, actionable real-time data about the operational status of vehicles – mileage reporting, alerts about technical problems or even monitoring of charge levels of electric vehicles. By running this technology in every car and van, decision-makers can ensure their fleet is running as it should, and can act when there is an issue.
The benefits of being able to undertake this process with a leased fleet are huge, with fleet managers able to ensure that vehicles are operating within their contract parameters. This means there are no shocks when vehicles go back at the end of their lease contract – no unexpected excess mileage charges, fewer fines for poor condition, and all services and maintenance carried out, resulting in a smooth, hassle-free de-fleet process.
This higher level of predictability and planning should all have positive impacts on leasing contracts and fleet operations. Indeed, we’re already seeing this with several clients – most notably Volkswagen Financial Services Fleet.
As a technology partner, we are offering our suite of in-cab coaching, diagnostic and reporting technology, electric vehicle transition software, gamification app for drivers and telematics tools to its customers.
The technology is offered at the vehicle ordering stage, giving customers the ability to specify exactly what each car or van needs, creating economies of scale with consistency throughout their fleet, from perk cars to workhorse commercial vehicles.
